Thread regarding Bank of New York Mellon Corp. layoffs

Did the “severance” change??????

Someone said on another post that it’s capped at 2 months now? Can anyone validate or confirm how much the layoff payout is???

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Post ID: @OP+16e7ndHa

4 replies (most recent on top)

Yikes!!! I have the same question. I hope this is not true.

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Post ID: @4hqi+16e7ndHa

I heard that a while back. It wouldn’t surprise me given the cheap reputation BNY has.
Glad to have been let go beforehand.

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Post ID: @2fva+16e7ndHa

If they want to change the SUB plan, there will be filings and employees will be aware.

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Post ID: @1zyu+16e7ndHa

All get meet expectations in your mid-year review. Have fun while it lasts! Unless you want to voluntarily walk away. It's better for the bank to train internally.

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Post ID: @1ink+16e7ndHa

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